Asking rents jump 8.6% to hit record high in Canada: Urbanation

The average rental asking price in Canada jumped 8.6% in the last year, that's according to a Rentals.ca and Urbanation report. Shaun Hildebrand, President, Urbanation says that relief is on the horizon, as the economy slows he expects rent growth to cool back towards 5 per cent growth as well. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.